"By striving to expand its offering of drilling waste management solutions, Baroid is emphasizing its commitment to the industry," said Jim Renfroe, fluids division senior vice president, Halliburton's Energy Services Group. "The acquisition expands Baroid's capability in the rapidly growing drill cutting waste management market through Baroid's Surface Solutions(TM)."
The SUPAVAC technology is unique because it is the only cuttings transfer system that can move drill cuttings and other drilling wastes utilizing vacuum, lean phase and dense phase modes.
"The SUPAVAC system has global applications. Any area with environmental regulations for disposal of drill cuttings may be a candidate for the SUPAVAC system," said Simon Seaton, global operations manager, Baroid Surface Solutions(TM). "This acquisition is strategic for Halliburton as environmental regulations continue to tighten and demand for such solutions continues to increase."
The product has been field proven in the North Sea and Halliburton will focus on expanding the use of the SUPAVAC system into other markets.
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